Ovintiv (OVV) CEO receives 1,109 dividend-equivalent RSUs

Rhea-AI Filing Summary

Ovintiv Inc. President & CEO Brendan Michael McCracken reported an acquisition of 1,109 Restricted Share Units (RSUs) that are each economically equivalent to one share of Ovintiv common stock and include dividend-equivalent RSUs for the first quarter of 2026.

Following this grant, McCracken directly holds 225,477 shares/RSUs. The RSUs vest and become exercisable under Ovintiv’s Omnibus Incentive Plan and the related grant agreement, contingent on his continued employment through the applicable exercise dates.

Insider Trade Summary

1 transaction reported

Mixed 1 txn

Insider McCracken Brendan Michael

Role President & CEO

Type	Security	Shares	Price	Value
Grant/Award	Restricted Share Unit	1,109	$0.00	--

Holdings After Transaction: Restricted Share Unit — 225,477 shares (Direct)

Footnotes (1)

1. Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs, subject to the grantee's continued employment with Ovintiv through the applicable exercise date. Dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2026.

Key Figures

RSUs granted: 1,109 RSUs Post-transaction holdings: 225,477 shares/RSUs Transaction price per unit: $0.00 per RSU +2 more

5 metrics

RSUs granted 1,109 RSUs Restricted Share Units acquired on March 31, 2026

Post-transaction holdings 225,477 shares/RSUs Direct holdings following RSU award

Transaction price per unit $0.00 per RSU Grant/award acquisition, not open-market purchase

Transaction date March 31, 2026 Date of RSU acquisition

Underlying security 1,109 common shares Each RSU equals one Ovintiv common share

Key Terms

Restricted Share Unit, dividend equivalent RSUs, Omnibus Incentive Plan, grant agreement, +1 more

5 terms

Restricted Share Unit financial

"Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock"

A restricted share unit (RSU) is a promise by a company to give an employee a set number of company shares at a future date, typically after meeting time or performance conditions. For investors, RSUs matter because when they convert into actual shares they increase the number of shares outstanding (like unlocking more tickets in a game), which can dilute existing holders, and they align employee incentives with company performance, influencing behavior and long-term value.

dividend equivalent RSUs financial

"Each RSU is the economic equivalent of one share ... and yields dividend equivalent RSUs."

Omnibus Incentive Plan financial

"Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement"

An omnibus incentive plan is a single, flexible program a company uses to give employees and executives different types of pay tied to performance — for example stock options, restricted shares, cash bonuses and other awards — all governed by one set of rules. It matters to investors because it determines how many new shares may be created, how leaders are motivated and how much the company will spend on compensation over time; think of it as a master toolbox that affects both costs and the total share supply.

grant agreement financial

"Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement"

in lieu of cash dividends financial

"Dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2026."

Form 4 Insider Transactions: What Each Field Means →

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

McCracken Brendan Michael

(Last) (First) (Middle)

C/O 370 17TH STREET, SUITE 1700

(Street)

DENVER COLORADO 80202

(City) (State) (Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
Ovintiv Inc. [ OVV ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	President & CEO

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
03/31/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares
Restricted Share Unit	(1)	03/31/2026		A		1,109		(1)	(1)	Common Stock	1,109	$0(2)	225,477	D

Explanation of Responses:

1. Each Restricted Share Unit ("RSU'') is the economic equivalent of one share of common stock of Ovintiv Inc. ("Ovintiv") and yields dividend equivalent RSUs. Vesting and exercise will occur in accordance with the Omnibus Incentive Plan and the applicable grant agreement and on the same schedule as the underlying RSUs, subject to the grantee's continued employment with Ovintiv through the applicable exercise date.

2. Dividend equivalent RSUs received in lieu of cash dividends for the first quarter of 2026.

	/s/ Dawna Gibb, by Power of Attorney	04/02/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

FAQ

What insider transaction did Ovintiv (OVV) report for its CEO?

Ovintiv reported that President & CEO Brendan Michael McCracken acquired 1,109 Restricted Share Units. Each RSU is economically equivalent to one Ovintiv common share and carries dividend-equivalent RSUs, increasing his direct equity-based holdings under the company’s Omnibus Incentive Plan.

How many Ovintiv shares does the CEO hold after this Form 4 transaction?

After the RSU award, Brendan Michael McCracken directly holds 225,477 shares/RSUs of Ovintiv. This total reflects his position following the 1,109 Restricted Share Units reported in the filing and represents his visible direct equity stake as of the transaction date.

What are Ovintiv Restricted Share Units and how do they work?

Ovintiv Restricted Share Units are awards economically equivalent to one common share each and include dividend-equivalent RSUs. They vest and become exercisable according to Ovintiv’s Omnibus Incentive Plan and the specific grant agreement, generally requiring continued employment through applicable exercise dates.

What is a dividend-equivalent RSU in the Ovintiv (OVV) CEO’s award?

Dividend-equivalent RSUs are units granted instead of cash dividends, matching dividends paid on Ovintiv common stock. In this filing, McCracken received dividend-equivalent RSUs in lieu of cash dividends for the first quarter of 2026, tied to his existing Restricted Share Units.

Are the Ovintiv CEO’s RSUs from open-market purchases or plan awards?

The 1,109 Ovintiv RSUs reported are a grant under the company’s Omnibus Incentive Plan, not an open-market stock purchase. The award is structured as Restricted Share Units with dividend-equivalent rights and vests subject to the plan terms and continued employment conditions.